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 QE 3 and the Gold Spot Price

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Warpalli




Posts : 6
Join date : 2012-09-19

QE 3 and the Gold Spot Price Empty
PostSubject: QE 3 and the Gold Spot Price   QE 3 and the Gold Spot Price Icon_minitimeWed Sep 19, 2012 1:31 pm

Did anyone else notice that when they announced QE 3 that the gold spot price rose about 40 dollars in an hour? I believe this is a good indication that we will begin to see inflation shortly, when the fuel prices begin to rise that's when were going to notice it the most because when the fuel prices rise, those prices get passed on to the consumer. I am predicting sometime this year were going to begin to see a short term economic boom in the form of a false recovery, followed by hyperinflation and a crash, anybody else got 2 cents on this?
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